Latest news
Italy could face an additional cost of about €1 bn for energy
After the last week conflict in Algeria, when Islamic militants attacked a complex controlled by BP PLC, Norway's Statoil ASA and Algeria's state energy company Sonatrach, Italy could face an additional cost of almost 1 billion euro (£839m) per year for energy, because of the interruption of Algerian gas supplies.
read more... 25/01/2013
China to invest 2 billion dollars in shale gas exploration
The Ministry of Land and Resources of China, has announced on Monday that almost 16 firms have committed to invest about 12.8 billion yuan (2 billion dollars) in shale gas exploration projects.
read more... 22/01/2013
Gazprom and Plinacro to build pipeline in Croatia
Gazprom, Russia’s natural-gas export monopoly has signed a deal with Plinacro to build a natural gas pipeline in Croatia.
read more... 21/01/2013
Poland: Shale gas taxation could be slightly lower
The Polish government’s proposed tax on shale-gas exploration could be lower than the 40% of the gross profit on extraction of gas and oil, according to the declarations of Environment Minister Marcin Korolec made on Friday.
read more... 21/01/2013
Shell to sign 10 billion dollars deal with Ukraine
On Wednesday, Royal Dutch Shell and Ukraine approved the plans for Shell to develop the country’s huge shale reserves under a production sharing contract.
read more... 18/01/2013